The Five Biggest Things In Tech You Missed This Week: 11/14

forbes_logo_main

(This post originally appeared on Forbes)

Here are five things that happened in the world of technology this past week and why they’re important for your business (and mine). Did you miss them?

1.   Investment in customer relationship management systems hits a record.

From the Wall Street Journal:

“Investors poured a record $572.3 million into customer relationship management last quarter, the most ever in a single quarter for the category since Dow Jones VentureSource began keeping track in 1992.” 

Why this is important for your business:

CRM is a giant industry. My firm sells CRM applications so we know its importance for our clients. A good CRM system ensures that nothing falls through the cracks and all of your people are engaged with your community. It also adds an intangible value to your business. Apparently, I’m not the only one who realizes this as money is pouring into the technology. If you don’t have a CRM system by now, you need to make it a priority during the next year or two.

2.   Apple’s Tim Cook blasts Microsoft.

An Irish newspaper reports:

“Despite saying that Apple’s relationship with Microsoft as ‘really good,’ he described the software giant’s new Surface Book laptop as ‘diluted. It’s a product that tries too hard to do too much,’ he said. ‘It’s trying to be a tablet and a notebook and it really succeeds at being neither. It’s sort of deluded.’

Cook also wondered here why anyone would want to buy a PC anymore.

Why this is important for your business:

People can read Cook’s comments in any number of different ways. But my take is that he’s noticing the popularity of the Surface and is concerned. After all these years playing catch-up, it looks like Microsoft is starting to get under the skin of Apple’s senior management. That means Microsoft is succeeding. And your business, like so many others who use Microsoft technology, should benefit.

3.   Cannabis is getting serious.

A cannabis start-up unveiled a platform for dispensaries to their manage orders and patient intake and this start-up is helping pot shops stash their cash.

Why this is important for your business.

The pot industry is forecasted to be worth billions in the next few years as more and more states legalize its use. More technologies will be needed to better farm, manage and distribute this product. And more technology will be needed to handle the required documentation and cash management issues unique to the industry. If you’re in the software business…start your engines!

4.   Bluetooth is set for a 100 percent speed boost and better range in 2016.

Per The Next Web:

“Today, the Bluetooth SIG shared its roadmap for 2016, which includes a 100 percent speed increase versus the current standard. Power consumption won’t increase as a result, either.”

Why this is important for your business.

Bluetooth technology is responding to demand. Most smartphones use iBeacon or Bluetooth Low Energy to communicate with beacons and other devices to create an Internet of Things that are tracking inventory and people around warehouses and retail stores. Don’t just keep an eye on this. Invest in sensors and other devices that use Bluetooth technology that will enable to you to manage your products and communicate with your customers better in the next few years.

5.   Superfast internet is being deployed in Detroit.

Per this press release from Rocket Fiber:

“The lightning fast fiber lines will provide up to10-gigabit internet speeds for residential customers and up to 100-gig speeds for businesses. This giant leap will allow Detroit to join a small group of technology-savvy cities in the world offering these gigabit speeds that will be up to 1,000 times faster than the current residential average speed in Detroit.”

Why this is important for your business:

Keep an eye on Detroit. It is emerging from the ruins of the last Great Recession to become a low cost, high tech area that seems perfect for startups and other young companies. The city is home to a recovered auto industry and its infrastructure, including some of the fastest internet speeds in the country rivals any big city. With the cost of living so high in Silicon Valley and New York, I predict that Detroit will be a popular spot for businesses in the next few years. Plus you got the Tigers.

Advertisements

Tags: , , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: